Why Salesforce Stock Bumped Almost 3% Higher Today

Customer relationship management (CRM) titan Salesforce (NYSE: CRM) was walking tall as the trading week came to an end, with a share price gain of nearly 3% on Friday. The company hasn't been shy in sharing its profit with investors, and on its latest dividend announcement, folks piled into the stock. That gain looked quite encouraging when compared to the S&P 500's (SNPINDEX: ^GSPC) 0.3% slide.After Thursday's market close, Salesforce announced that its board of directors had declared said quarterly dividend. This is just under $0.42 per share, which will be paid on Oct. 9 to investors of record as of Sept. 17. At the most recent closing stock price, it yields slightly under 0.7%. That's below the nearly 1.2% average of all S&P 500 index stocks. Image source: Getty Images.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool